Imofolio

Erewash · report

Past price cycles in Erewash

Sale prices have fallen by 3% or more 13 times since 1995. The deepest began in October 2007.

Deepest fall
−18.0%
Recovery from the low
77 months

Prices in Erewash and the UK, indexed

Average sale prices, both set to 100 in January 1995.

  • Erewash
  • United Kingdom
  • 100 = January 1995
Show the numbers
PeriodErewashUnited Kingdom
Aug 2026534.7534.7
Jul 2026530.1532.9
Jun 2026530.4530.1
May 2026545.5533.1
Apr 2026542.3530.6
Mar 2026539.6526.0
Feb 2026537.5527.6
Jan 2026543.3526.4
Dec 2025547.5524.8
Nov 2025540.3529.6
Oct 2025538.1528.4
Sep 2025531.8527.8
Aug 2025527.4529.8
Jul 2025521.4526.5
Jun 2025520.9522.4
May 2025528.1517.1
Apr 2025532.2509.5
Mar 2025537.8524.8
Feb 2025540.3518.5
Jan 2025541.1518.8
Dec 2024537.8517.0
Nov 2024531.1518.0
Oct 2024525.0519.4
Sep 2024521.5518.4
Aug 2024512.9519.1
Jul 2024513.4514.0
Jun 2024505.4508.3
May 2024504.6506.3
Apr 2024510.3502.2
Mar 2024509.5499.5
Feb 2024518.5498.6
Jan 2024511.4501.2
Dec 2023521.4501.6
Nov 2023515.8505.9
Oct 2023525.5509.4
Sep 2023528.6511.7
Aug 2023534.9514.2
Jul 2023531.1511.4
Jun 2023521.9505.8
May 2023515.7503.9
Apr 2023522.2502.2
Mar 2023525.2501.1
Feb 2023532.2506.8
Jan 2023520.8511.0
Dec 2022521.1515.4
Nov 2022511.7519.5
Oct 2022515.0520.3
Sep 2022512.3520.3
Aug 2022520.5519.2
Jul 2022512.0514.8
Jun 2022510.4505.4
May 2022499.8499.4
Apr 2022491.7493.8
Mar 2022486.0488.0
Feb 2022485.0486.2
Jan 2022485.7485.7
Dec 2021480.5480.1
Nov 2021477.2477.7
Oct 2021471.0468.5
Sep 2021458.3480.5
Aug 2021458.8466.8
Jul 2021457.0453.1
Jun 2021461.0475.4
May 2021451.3451.4
Apr 2021451.3448.4
Mar 2021450.4455.2
Feb 2021445.3448.6
Jan 2021439.2447.3
Dec 2020431.9447.3
Nov 2020428.7443.9
Oct 2020423.5439.4
Sep 2020419.0435.7
Aug 2020417.9431.1
Jul 2020413.6426.9
Jun 2020417.4423.4
May 2020412.1417.6
Apr 2020410.4415.5
Mar 2020405.7419.7
Feb 2020401.6416.0
Jan 2020399.1418.4
Dec 2019398.2418.1
Nov 2019399.7418.7
Oct 2019399.4420.2
Sep 2019396.1421.3
Aug 2019399.2421.0
Jul 2019404.8419.6
Jun 2019405.8415.0
May 2019396.6413.2
Apr 2019392.1412.6
Mar 2019395.2409.7
Feb 2019402.8410.8
Jan 2019409.1411.8
Dec 2018403.0414.4
Nov 2018401.2415.3
Oct 2018392.2417.1
Sep 2018397.8417.5
Aug 2018394.6418.3
Jul 2018394.2417.0
Jun 2018383.8411.9
May 2018380.5409.2
Apr 2018385.2407.5
Mar 2018385.6403.7
Feb 2018387.1406.1
Jan 2018379.2405.0
Dec 2017380.1406.5
Nov 2017380.8404.9
Oct 2017378.1406.0
Sep 2017377.9405.7
Aug 2017375.9407.2
Jul 2017377.0405.4
Jun 2017371.6400.2
May 2017364.6396.8
Apr 2017357.7394.4
Mar 2017356.1388.3
Feb 2017357.2389.1
Jan 2017358.1388.3
Dec 2016359.8388.7
Nov 2016358.0388.0
Oct 2016357.8386.2
Sep 2016357.1387.5
Aug 2016352.3388.1
Jul 2016350.5388.1
Jun 2016348.2384.0
May 2016344.2380.4
Apr 2016343.3376.0
Mar 2016339.1374.6
Feb 2016344.6370.8
Jan 2016343.3370.6
Dec 2015343.1369.6
Nov 2015342.2368.4
Oct 2015342.8365.6
Sep 2015346.0365.1
Aug 2015345.4364.3
Jul 2015341.9361.0
Jun 2015335.2355.0
May 2015327.1352.3
Apr 2015324.5348.5
Mar 2015319.3345.5
Feb 2015321.3344.2
Jan 2015322.5343.9
Dec 2014323.5345.7
Nov 2014324.3344.9
Oct 2014323.0346.1
Sep 2014324.7346.6
Aug 2014321.6346.2
Jul 2014318.1342.2
Jun 2014315.1337.5
May 2014309.6334.6
Apr 2014305.8331.1
Mar 2014302.7323.9
Feb 2014303.8322.7
Jan 2014298.5321.4
Dec 2013297.3321.0
Nov 2013288.2318.1
Oct 2013291.1316.4
Sep 2013289.3317.7
Aug 2013291.4317.4
Jul 2013288.0314.9
Jun 2013286.0311.4
May 2013285.5308.9
Apr 2013280.7307.3
Mar 2013278.7304.3
Feb 2013279.1302.5
Jan 2013285.6302.5
Dec 2012288.8304.6
Nov 2012291.6305.3
Oct 2012289.7305.0
Sep 2012293.4307.2
Aug 2012289.7308.3
Jul 2012289.8307.9
Jun 2012282.6306.7
May 2012284.5303.8
Apr 2012282.9302.8
Mar 2012282.5299.3
Feb 2012284.4298.5
Jan 2012283.7299.3
Dec 2011284.9301.3
Nov 2011283.3302.6
Oct 2011286.3302.5
Sep 2011284.1305.8
Aug 2011284.6306.6
Jul 2011275.8306.4
Jun 2011278.0302.6
May 2011270.7302.1
Apr 2011279.0303.4
Mar 2011278.5298.8
Feb 2011288.9300.2
Jan 2011293.2301.8
Dec 2010291.1304.3
Nov 2010291.9304.9
Oct 2010291.3308.5
Sep 2010298.1312.0
Aug 2010295.5312.8
Jul 2010294.8312.8
Jun 2010292.8309.7
May 2010283.3308.2
Apr 2010286.7306.7
Mar 2010281.9302.8
Feb 2010290.0302.8
Jan 2010283.3302.1
Dec 2009286.2303.2
Nov 2009287.2301.2
Oct 2009284.4300.2
Sep 2009283.2298.2
Aug 2009280.2295.9
Jul 2009278.9293.0
Jun 2009278.3287.8
May 2009274.7285.0
Apr 2009280.7281.1
Mar 2009280.3278.6
Feb 2009278.3280.3
Jan 2009270.4283.6
Dec 2008278.2290.3
Nov 2008289.9294.8
Oct 2008298.1303.4
Sep 2008304.3309.6
Aug 2008303.4317.6
Jul 2008311.2324.4
Jun 2008310.2328.0
May 2008315.0332.4
Apr 2008315.8330.4
Mar 2008318.7329.8
Feb 2008322.1332.2
Jan 2008322.3335.1
Dec 2007324.3341.3
Nov 2007325.9341.8
Oct 2007329.8342.0
Sep 2007329.4342.8
Aug 2007328.3342.3
Jul 2007318.5340.4
Jun 2007314.7336.1
May 2007311.5332.5
Apr 2007314.4328.7
Mar 2007318.2322.2
Feb 2007322.7319.8
Jan 2007323.9318.8
Dec 2006314.3319.0
Nov 2006311.5315.0
Oct 2006312.8313.4
Sep 2006312.2311.6
Aug 2006309.1310.3
Jul 2006304.5307.7
Jun 2006304.0303.4
May 2006296.6300.5
Apr 2006292.3297.7
Mar 2006285.0291.4
Feb 2006285.7289.0
Jan 2006285.9288.6
Dec 2005293.9289.0
Nov 2005294.3287.4
Oct 2005291.4286.6
Sep 2005295.4287.1
Aug 2005290.9287.6
Jul 2005295.6286.4
Jun 2005287.4282.8
May 2005286.5280.6
Apr 2005279.4277.6
Mar 2005277.9273.7
Feb 2005283.4271.5
Jan 2005287.6271.7
Dec 2004287.5271.9
Nov 2004285.2273.9
Oct 2004288.2274.3
Sep 2004287.1272.3
Aug 2004284.8272.8
Jul 2004278.6269.7
Jun 2004274.1264.1
May 2004265.7259.5
Apr 2004255.6256.4
Mar 2004250.8245.3
Feb 2004251.0244.7
Jan 2004248.8247.1
Dec 2003244.4245.6
Nov 2003240.4240.9
Oct 2003241.0243.6
Sep 2003238.8239.4
Aug 2003238.4240.2
Jul 2003229.7236.0
Jun 2003225.7231.9
May 2003216.1231.4
Apr 2003212.7233.0
Mar 2003207.1227.6
Feb 2003202.3222.8
Jan 2003197.1225.2
Dec 2002194.4226.8
Nov 2002190.9219.5
Oct 2002189.3217.3
Sep 2002183.6215.7
Aug 2002177.3210.6
Jul 2002171.2206.0
Jun 2002166.3204.4
May 2002160.7196.4
Apr 2002153.4191.4
Mar 2002146.7188.9
Feb 2002145.3182.5
Jan 2002146.8176.1
Dec 2001146.8176.7
Nov 2001146.6176.7
Oct 2001143.6176.7
Sep 2001143.9180.3
Aug 2001142.1180.3
Jul 2001139.7180.3
Jun 2001136.1174.1
May 2001131.5174.1
Apr 2001128.8174.1
Mar 2001126.3168.0
Feb 2001126.5168.0
Jan 2001125.5168.0
Dec 2000124.9168.9
Nov 2000125.6168.9
Oct 2000127.8168.9
Sep 2000127.2164.0
Aug 2000125.5164.0
Jul 2000122.4164.0
Jun 2000123.0161.0
May 2000121.4161.0
Apr 2000118.9161.0
Mar 2000113.7152.6
Feb 2000110.5152.6
Jan 2000110.4152.6
Dec 1999112.3148.8
Nov 1999115.3148.8
Oct 1999116.6148.8
Sep 1999113.7145.1
Aug 1999112.1145.1
Jul 1999110.2145.1
Jun 1999111.4137.1
May 1999109.7137.1
Apr 1999108.3137.1
Mar 1999108.2131.5
Feb 1999107.8131.5
Jan 1999108.6131.5
Dec 1998109.4130.7
Nov 1998107.7130.7
Oct 1998107.3130.7
Sep 1998105.9131.3
Aug 1998108.0131.3
Jul 1998109.2131.3
Jun 1998109.8125.8
May 1998108.7125.8
Apr 1998105.7125.8
Mar 1998102.5119.5
Feb 1998102.0119.5
Jan 1998104.0119.5
Dec 1997105.5116.5
Nov 1997106.9116.5
Oct 1997107.5116.5
Sep 1997106.6117.4
Aug 1997104.6117.4
Jul 1997102.4117.4
Jun 1997103.8111.7
May 1997101.7111.7
Apr 1997100.8111.7
Mar 199799.6109.5
Feb 1997100.5109.5
Jan 1997101.6109.5
Dec 199698.7108.0
Nov 199698.1108.0
Oct 199697.4108.0
Sep 199697.3106.2
Aug 199698.7106.2
Jul 199696.9106.2
Jun 199697.8102.2
May 199696.6102.2
Apr 199696.9102.2
Mar 199695.7102.1
Feb 199696.5102.1
Jan 199694.4102.1
Dec 199597.0100.6
Nov 199595.1100.6
Oct 199598.6100.6
Sep 199597.2102.0
Aug 199597.5102.0
Jul 199596.3102.0
Jun 199597.1101.1
May 199597.6101.1
Apr 199598.0101.1
Mar 199598.3100.0
Feb 199599.0100.0
Jan 1995100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
January 1995January 1996−5.6%1212
October 1997February 1998−5.1%43
June 1998September 1998−3.6%39
October 1999January 2000−5.3%33
October 2004March 2005−3.6%54
July 2005March 2006−3.6%82
January 2007May 2007−3.8%43
October 2007January 2009−18.0%1577
January 2019April 2019−4.2%312
February 2023May 2023−3.1%33
August 2023May 2024−5.7%97
January 2025June 2025−3.7%56
December 2025July 2026−3.2%7Not yet

The UK House Price Index goes back to 1968 for the UK, its nations and England's regions, to 1995 for councils in England and Wales, to 2004 in Scotland and to 2005 in Northern Ireland, where it is quarterly. A fall counts once prices drop 3% below a peak, and ends when they are back at it.

Other reports for Erewash

Sale prices have an 80% chance of landing between £202,908 and £233,649 by August 2027.

Expected, August 2027
£218,279
Chance of a rise
49%

At the average sale price, a home costs £218,506. With 10% down and a 30-year mortgage, the payment is £1,008 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
17%
Payment, one income
33%

Renting the average home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£838
Owning per month
£1,029

8.1% more homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
90
Per 1,000 residents
0.8

Figures for United Kingdom: Erewash has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

In 2025 the population fell by 361 while 60 homes were finished.

Homes finished, 2025
60
Population change, 2025
−361

4.1% of the 52,527 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
4.1%
Empty homes
2,145

In 2025, 32% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
32%